NAUMAN S. SCOTT, District Judge:
RULING
Plaintiffs, John W. Mecom, Jr. and John W. Mecom, Sr., (hereinafter referred to as the Mecoms), filed this suit to compel defendants Potter Palmer, George N. Gillett, Jr. and John H. O'Neil, Jr., (hereinafter referred to as the Palmer Group) to submit their contractual disputes to arbitration. Pursuant to two Letter Agreements, dated May 8, 1973 and May 30, 1973, the Palmer Group agreed to buy and the Mecoms agreed...
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